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Search Results 0 to 49 of about 59 (some duplicates have been removed)
in a dangerous game, trying to negotiate a deal to avert the fiscal cliff and using public pressure to try and sway the outcome. exhibit a, the president rallied the crowd on monday in michigan to make the point he's looking to drive home. taxes have to go up on the rich. >> so when you put it all together what you need is a packet that keeps taxes where they are for middle class families. we make some tough spending cuts on things that we don't need, and then we ask the wealthiest americans to pay a slightly higher tax rate. >> but here's exhibit b. republicans still have the majority in the house. and many conservatives say they have their own mandate in their districts to cut spending and stop the president from raising taxes. and that brings us to exhibit c republicans are determined to play the long game to win. >> the game you're playing is small ball. you're talking about raising rates on the top 2% that have run the government for 11 days. you just got re-elected. how about doing something big that's not liberal, how about doing something big that really is about partisan. every bi
spark when it came to negotiating a deal to avoid the fiscal cliff, which is the christmas present the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table yesterday. >> the speaker's proposal right now is still out of balance. >> of out of balance. kind of similar to what republicans said last week when the president sent over his terms. so now what? will they sit down and talk it through? well, not according to at least one senior republican aide who told cnn today, no conversations today, no e-mails, tweets, carrier pigeons. as for boehner and obama, they actually did see each other in person at the white house holiday party last night in black tie. while other lawmakers waited in line to get the photo with the president, multiple sources from both sides of the aisle tell cnn that boehner wasn't among them. so much for holiday cheer. we have this picture. we're wait fworg the day there's a fiscal cliff. there wasn't total silence in washington today. senate majority leader harry reid spoke up. but in his case,
very much for helping us out. >>> now folks, we switch gears back. we still have no fiscal cliff deal, but there's talk between president obama and tim geithner. congress has adjourned for a long weekend. that's kind of insane. eamon javers joins us. >> reporter: the president began his day this morning before an audience of business leaders and he continued his campaign of persuasion amongst some of the nation's top ceos. >> i am passionately rooting for your success. because if the companies in this room are doing well, then small businesses and medium sized businesses up and down the chain are doing well. if companies in this room are doing well, then folks get jobs, consumers get confidence, and we're going to be able to compete around the world. >> and then larry, later in the afternoon, our steve leishman sat down with treasury secretary tim geithner. geithner in that interview late in the afternoon made it clear that this is brinksmanship of the highest order. >> i want to understand the administration's position when it comes to raising taxes on the wealthy. those making more
can't see the light when it comes to the fiscal cliff. 28 days to go. what will it take to get a deal? >>> plus, the stern warning for syria from nato. the use of chemical weapons will bring an immediate reaction from the international community. we ask our panel if the united states will go to war. >>> and a new hollywood movie about the hunt for osama bin laden sparks oscar buzz and outrage. questions over just how much confidential information the film makers had access to. an "outfront" investigation. let's go "outfront." ♪ >>> good evening, everyone, i'm erin burnett. "outfront" tonight, let there be light. finally, some bulbs turned on in washington this evening. well, on the congressional christmas tree, that is. pretty beautiful. lights, love, camaraderie, song. but while our lawmakers took some time to celebrate together, they still weren't showing any spark when it came to negotiating a deal to avoid the fiscal cliff, which is the christmas present the country needs. today we heard president obama's response to the proposal that house speaker john boehner put on the table
increase, that's a big deal but it doesn't save us from the fiscal cliff. as susan was suggesting, there's a long time to go between now and the 31st. they have to wait until that long because neither side wants to appear to be giving in too early. that means they've given away more than they had to. you've got the president out there stirring the pot, trying to bring public opinion more to his side. the republicans are struggling to find some message to keep up with it. the danger is this whole thing boils over in animosity before the 31st and they go off the cliff because they have antagonized each other so much. >> and speaking of antagonistic situations, there's been a lot made of the dysfunction within the republican party but there's an article on the front page of the "new york times" that suggests that speaker boehner is actually in a stronger position in his caucus than when he was elected two years ago. how is he doing, do you think? >> well, i think he's in a stronger position because republicans feel like they're in a weaker position. i think a lot of republicans who might pr
the fiscal cliff. is a deal closer than most think? >>> this morning on "meet the press," time is running out to avoid the fiscal cliff. is a deal closer than most think? >>> in public, the lines are drawn. but behind the scenes, the give and take over taxes and entitlement cuts point toward a deal by christmas. what is standing in the way? this morning, the debate is right here. the house speaker's top lieutenant, congressman kevin mccarthy, and top white house ally, the assistant senate majority leader, dick durbin. mccarthy and durbin square off. >>> then, what is the political endgame for both republicans and democrats? who wins and who loses as this fight drags on? >>> plus, the future of the republican party is a hot topic as both sides start plotting the 2016 campaign. our political roundtable features two former capitol hill insiders, newt gingrich and lawrence o'donnell. plus, three journalists on the story. >>> the looming fiscal cliff 22 days away. is it stalemate or compromise? we'll go inside the negotiations with two top leaders in just a moment, but i want to start with the ong
for the programs that are important for millions of americans to continue, they have to be part of the fiscal cliff deal because it's unlikely that house republicans would allow these to appear freestanding. using these as leverage in terms of negotiation. house republicans could sleep fine knowing the payroll tax cut is not extended and the ui is not extended. they think that's too much spending. >> which is crazy because they're arguing for the top earners really putting their stake in the ground on top earners and when it comes to working class and poor tax cuts are a bad thing. >> the payroll tax cut there's a division between democrats about how much you want to raid the social security trust fund. but unemployment insurance, i think absolutely has to be part of the deal from the white house perspective aside from it fitting the democrat ex-ideology, it's also what president obama believes is a stimulus to the economy. >> yeah. >> that helps people have disposable income to go to restaurants, buy gas, buy food, to pay things for their children. and i would be very surprised if it ended up as p
a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignited and going. and so this comes on -- the speech is coming on a breaking news day jenna of what you and i were talking about and that is basically citigroup laying off 11,000 workers as the president is now speaking to the business roundtable. those layoffs at the nation's third biggest bank have begun. jenna: let's talk a little bit more about that, liz, that news came into our newsroom a couple of hours ago. you've been working this. learning more about also what is to come for the big bank. why is the bank making such massive job layoffs now and what is really to come in the next year or so? >> reporter: yeah, what we're talking about here is essentially this is citigroup, this i is the bank that got $476 billion in bailout help. it got the most bailout help of any bank. what happened was citigroup was -- its ceo had stepped down a couple months ago, now they have a new ceo by the name of michael corbett, an is working very aggressively to cut out the excess, the mi
of this year, to get a deal to avoid the fiscal cliff, let rates go up for top earners. and then i'm willing to be flexible and revisit the changes to medicare and social security. and also i'm willing to bring those rates back down to somewhere in between the 35% where they are now and the 39.6% that that they would go up to. >> is the feeling in the white house, sure, we'll do that because republicans will get the blame? the pugh survey came out indicating who would get the blame if you do go over the cliff. squarely against the republicans. they would more likely get the blame. that's what you heard as bob pointed out from senator durbin as well, that they would own the recession that would follow. >> i don't know how that ends up playing out. but i think when you talk about the feeling at the white house, there's a palpable difference now compared to 2011, the summer of 2011. they are so much cockier right now at the white house than they were a year and a half ago when they were doing this. they really believe they have set out, we're not going to negotiate. you come to us. we're not go
with the fiscal cliff. this deal will only get done by president obama and john boehner making a deal. they came close in the summer of 2011. the parties are so polarized and partisans polarized this is a problem. >> i keep saying we need a presidential historian or hostage negotiator. somebody could say we've been at stalemates before, gotten over it, shut down the government in '96. tip o'neill and ronald reagan managed to solve problems and get along. listen to what john mccain said about what we need here. >> it's time now to sit across the table from one another, rather than -- in the way they did with ronald reagan and the way you get things done in washington. >> the way they did with ronald reagan and get things done in washington. you sit together and figure it out. they were at a holiday party they didn't talk to each other. they're issuing sort of statements and rebuttals and saying i'm not going to budge. >> negotiation by press release. this is not how things get done in washington and part of the problem of the growing incivility in washington. people don't work together the way th
by leaving town before making a deal on the fiscal cliff. what's going on? if you take an aspirin to prevent heart trouble check the labor. our own dr. sanjay gupta tells us what a new study says about the effects of coated tablets. we'll also hear what happened during in flight emergency during one of the world's newest high-tech planes. i'm wolf blitzer, you're in the situation room. >>> with just 27 days to go until all of us are hit with tax increases, takes it across the board a cut of $55 billion. people have it in their power to avoid the so-called fiscal cliff aren't negotiating, they're not debating right now, so many of them simply leaving town. but there's more going on than meets the eye. let's bring in our senior congressional correspondent dana basch, she has the latest. >> reporter: there's so much political theater around here right now, you could say tickets. one of today's acts was the house leaving. lawmakers streaming out of the capitol hill, racing to their cars to get to the airport and go home. it's a scene you usually see on a thursday afternoon or friday morning, not
of this fiscal cliff deal. that includes house democrats. and how do i go about doing that without totally alienating the base of my party? and i'm very curious to see what his next step is because his opening offer was essentially where he said he could only go in the debt ceiling bargains of july 2011. he said i can go to $800 billion in revenue, i can do these specific entitlement reforms. that's now his opening offer. where does he go here? >> i think, though, steve that the president of the united states and mr. lew and other democrats need to start looking at him differently. he is like an attorney that knows what his client is going to give and what his client's not going to give. we all know john boehner. john boehner's a deal maker. i didn't -- i liked him personally, but i never trusted him in congress because, you know, he liked making deals. that's what we need right now. the president can only push him so far. or he loses his caucus. and this is not about john boehner kicking and screaming. this is about him knowing what he can deliver. >> i understand that. john boehner has,
in the fiscal cliff negotiations with now just 21 days to reach a deal. that's three weeks. today president obama returns to campaign mode, taking his fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house. their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. neither side revealed anything about the meeting that was part of the agreement. only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking committee, said his party should consider the president's position on raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that's it. the presidency and the senate's in the democrats' hands. a lot of people are putting forth a theory, and i actually think it has merit where you go ahead and give the president the 2% increase that he's ta
with three simple bullet points. that's the entire proposal to deal with the fiscal cliff and starts out with the sentence that's remarkable, tamron. first sentence is because the election is a status quo, both sides have to compromise. they didn't see what happened. they just dismissed it as a status quo election and this is not just speaker boehner we eric cantor and paul ryan, kevin mccarthy. the entire house republican leadership signed on to the so-called fiscal cliff proposal letter. they're not serious about negotiating. i don't know the right wing and the tea party of who the republican party is nowadays but it's impossible to have a deal with one side refuses to compromise even after losing. they will not accept their own defeat. >> right. >> and that is the problem. >> a.b. let's play what congressman walter jones had to say on this boehner purge. i have the full screen of what he had to say when several members were removed as identified not being team players. he says, i was surprised but i won't sacrifice my integrity for anyone or any party. my integrity is what will get me
of deal would be reached to avoid the fiscal cliff. i know it is hard to read the tea leaves because in the meantime you have these offers viewed by each side as not serious, kind of like fiscal cliff bungee jumping. people jump in and spring back out. but i believe the odds are good that there will be some sort of deal before the cliff. >> let's get into the longer- term deal -- everyone believes entitlement reform and tax reform is going to take place in 2013, maybe 2014. but just in the short term, can the republicans, can enough republicans say, we do not like it, but we are going to go along for now with the 39.6% rate and come back with a promise of next year of trying to lower and broaden the base? >> i would much prefer that we do the kind of pro-growth reform that i laid out in a bill a few weeks ago, not thinking that this bill is going to become law, but a way to show a path forward with $4.5 trillion in savings. i think that in the event that the house feels that, when they see that the senate is obviously controlled by the democratic party, you have a democratic presiden
putting his foot down. he says no tax hikes for the wealthy, no deal. america hits that fiscal cliff in 27 days and that means tax hikes and deep spending cuts if the democrats and the republicans can't come together in some kind of a deal and with just ten days remaining until congress is scheduled to go home for the holidays, the clock ticking. here's what he told bloomberg news. listen. >> we're going to have to see the rates on the top 2% go up and we're not going to be able it to get a deal without it. >> we start this morning with white house correspondent dan lothian, he's in washington, d.c. okay. so who's got the ball in their court at this point then, dan? >> well, you know, i think the house gop, they have presented their counteroffer which white house spokesman jay carney is referring to as, quote, magic beans and fairy dust. we expect that house republicans will keep putting pressure on the white house to engage, push for more details on what the white house will accept when it comes to additional entitlement cuts. but i think what's unclear is what kind of negotiating is goin
the compromise. >> we will go around the former members of congress. do they cut a deal to avoid the fiscal cliff before we actually get there? >> i believe so. >> senator? >> yes. the treasury secretary says withholding taxes and does not have to raise them even if the taxes go up. why sequester does not have to be month by month. you can do the sequester in the last 12 months. he gives the congress four or five months into the next year before the house to reach a deal. >> they could kick the can down the road. who thinks the market will not let them do that? there will be punished. sooner rather than later, you think? we have not seen it so far. >> i am in the camp of, the herd will turn. erskine bowles was a famous line. we got away with this last time because we were the best-looking horse in the glue factory. we are not going to get a pass this time. there is no question. who will get punished. and that is very dangerous for everyone, all of us. >> it is great for me to remind you -- you can watch the president on bloomberg television shortly. he is going to be on at 12:30. thank you for a
we could do is go over the fiscal cliff. we have the same tax rates that we have when bill clinton was president. significant cuts in defense and also significant human services can you tell us. >> katie, let me ask you, before you respond to what governor dean is saying. there is logic to what howard dean is saying. i don't happen to agree with it. but i know where he's coming from. katie, let me ask you this -- katie can't hear me. we'll wait for her to get back hooked in. howard, what about the notion that i'm posing tonight -- i've said this a few times -- republicans better be careful. they're not going down your road and the democrats aren't going down your road. you have middle class tax cuts for the democrats and it sometimes sounds to me as an old reagan conservative that the republicans better watch themselves because sometimes it sounds like they are kind of defending rich people. that's their whole mantra, just defending rich people. and i think that's not where they should be. >> i would agree. if i were politically advising the republicans, which i'm certainly not, i
and by two to one if we don't reach a deal for the fiscal cliff. and it's also the reason why you see voters very clearly support having the wealthiest pay a little bit more. it the one proposal that is consistently -- it received strong support from a ma sdwrort majority of reporters and they dig their heels in and say we don't support this. they are on the wrong side of politics, wrong side of what history supports. it's just a bad strategy all the way around. >> now, what happened last time we held the debt ceiling hostage, it led to the first credit down grade in u.s. history. the stock market dropped 1300 points in 2011 and the gop rating dropped 11 point, congresswoman. do we needç to play this game again? >> no. and that's why the president went to the business roundtable. this is a very unpopular and there are real kwens. the downgrading of our credit rating is consequential to say that he's not playing that game anymore in front of business leaders. >> let me ask you this, margie. nancy pelosi argued that the democrats must stand strong against raising the medicare eligibility age
and "the daily rundown." >> as the fiscal cliff pressure goes on, whether john boehner has the votes to get a deal through. they have ads aimed at house republicans. one of boehner's colleagues is not exactly rejecting the idea of challenging him with a gavel. we will dig into that. overseas, north korea fires off another rocket. we will have the latest on what the pentagon and the world is saying about this closed off country's capability to launch a long range rweapon. plus 65 years of history making by our friends at "meet the press." the longest running television show. on the planet. from a deep dive also into the kennedy legacy and the man who laid the foundation for a whole bunch of folks in public life. good morning from washington. it's wednesday, december 12th, 12-12-12. my kids have never been so excited about a date. let's get right to my first read of the morning. one step forward, two steps back. that's probably the best way to describe the fiscal talks between president obama and house speaker john boehner. with christmas less than two weeks away, the white house is faced wit
to keep that in mind as we head towards the fiscal cliff. only four in 10 americans expect the white house and congress to reach a deal on the cliff before the first of the year, and if this goes south, a 53% of the american people are prepared to blame republicans. the president's job approval rating is well over 50%. congress' approval rating is under 20%. why what a the president back down? >> the president isn't interested in a balanced agreement, not particularly interested in avoiding a fiscal cliff, and clearly not been tested at all in cutting and spending. >> the senate minority leader says that what the president is interested in is getting as much taxpayer money has he can so that he can spend to his heart's content. with his approval ratings going up and congress' numbers at historic lows and the unemployment rate dropping, why with the president back down? charles? >> to some extent he is under estimating the damage she will suffer if -- he suffer if we go over the cliff. it will hurt the republicans in congress, which is why democrats will relish going over the cliff. but oba
starts now. >>> "out front" next, 27 days away from the fiscal cliff. octagenarians doing gangnam style, no deal, and what syria is planning to do if bashar al assad will do if he uses chemical weapons against his own people? a woman with a 1% survival after contracting a flesh-eating bacteria. she made it. tonight let's go "out front." >>> good evening. i'm erin burnett. out front, gangnam style. this is how one man sees the fiscal cliff. this is allen simpson, as in the simpson in simpson/bowles. ♪ >> yep, that may be the most actions the fiscal cliff saw today. here's the scene on capitol hill here at noon. yep, people leaving, members of congress leaving washington, heading home on a wednesday afternoon. one man standing was the house speaker and he says, i'm not going anywhere. >> i'll be here and i'll be available at any moment to sit down with the president to get serious about solving this problem. >> but, of course, it takes two to tango. where does president obama stand? >> we can probably solve this in about a week. it's not that tough. >> he's absolutely right about that.
at the beginning of the year, regardless of whether or not a deal is reached on the so-called fiscal cliff. stuart varney has got the bad news and it's in small print of the health care reform. >> it is. under obamacare. everybody is looking at the fiscal cliff, tax the rich more for the fiscal. okay. we've got that. but we are definitely going to tax the rich just a little bit more come january 1 to pay for obamacare, specifically taxes on capital gains, dividends going up to just a little bit more, just a little bit more on january 1, and also a little bit more on income of those people making more than $200,000 a year. so we have defined rich down to $200,000 a year. it was a lot higher than that, but guaranteed january 1, a little bit more for obamacare. >> steve: when you say a little bit more, you mean like 3 or 4%, which adds up. >> it does. it's 3.8% extra as a capital gains tax. >> steve: that's a done deal. that's baked into the health care reform? >> that's it. there is no discussion about it. that was passed two years ago. this is going to happen. then you've got maybe a little bit mor
and deal with the fiscal cliff. brace yourself for a job number that could be even lower than the already weak forecast. i hope i am wrong about that. from the cnn money newsroom in new york, i'm ali velshi. that's it from me. same time tomorrow. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men's 50+. it has 7 antioxidants to support cell health. social security are just numbers thinkin a budget.d... well, we worked hard for those benefits. we earned them. and if washington tries to cram decisions about the future... of these programs into a last minute budget deal... we'll all
will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman schultz responds tonight. plus, senator barbara boxer on her new plan for national polling place standards. and a new poll shows half of all republicans think the defunct group a.c.o.r.n. stole the election from president obama. >> that's an eye opener. >> i wonder where they ever got that idea? >> you just have to wait and see what happens. >>> good to have you with us tonight, folks. thanks for watching. here is are the latest. republicans are at a stalemate with the white house for debt negotiations. republicans really only have two opti
automatic tax increases and spending cuts will send the economy over the fiscal cliff, and around the capitol there's largely the sound of silence as the white house and congress try to work out a deal behind closed doors. the president has no public events on his schedule. and all through the house, not a creature was stirring except, that is, for john boehner, who emerged to gavel the house into session this afternoon after a week's recess with his trademark holiday cheer. >> washington has a spending problem. now, the president doesn't agree with our approach. he's got an obligation to put forward a plan that can pass both chambers of the congress because right now the american people have to be scratching their heads and wondering when is the president going to get serious? >> i'm sorry, i meant his trademark ba ham bug which he's been doling out by the sleigh load. >> there's a stalemate. let's not kid ourselves. we have a debt problem that is out of control. we've got to cut spending. washington has got a spending problem. just more of the same. >> more of the same indeed. a
the nation's fiscal cliff crisis. >> we wasted an enormous amount of time here, sparring back and forth in public. it's a good time to get serious. >> let's just go over the [ bleep ] cliff. because you know why? at least for a few seconds, it will feel like we're flying. >>> this morning, police are questioning a man in that deadly subway push. they say he has implicated himself in the crime. >>> duchess of cambridge is continuing to feel better. >> australian radio station was able to pose as the queen, get information on the phone about kate's health. >> want to see how her -- >> she is sleeping at the moment and she has had an uneventful night. >> mohamed morsi under siege after 100,000 protests in the streets. >>> l.a.'s mayor has announced an end to an eight-day strike at the largest port complex. >>> best man's friend is learning a new trick. how to drive a car. get off the road. >> three, two, one. >> god bless us, every one. >>> nine weeks, officially over. >> snooki wants to give baby advice to kate middleton. her number one advice, find out advice to kate middleton. her numbe
principles. host: do they believe a recession could happen if we fall off the so called "fiscal cliff?" guest: they do. what we saw last year is business leaders were concerned that washington was not going to come together with a deal. and that it could end badly, but it was a more muted concern. they just trusted washington would get it done. given how quickly things happened last time, they are taking a much more active role. business leaders have come to washington to require a minimum height standard for the ride of the fiscal cliff. they want to make sure that members of either party who are speaking out are as close as possible to simpson-bowles. talk about real cuts, about real revenue. it's much more and ownership in the process this time. host: where does your group come down on regulations? guest: our job is to go out and get business leaders around the country more involved. the business leaders speak for themselves. business leaders are generally extremely influential in their home markets. there are the kind of people if that can give a member of congress moderate republican or
of three months. what we need to be more focused on is to get through the fiscal cliff and get a deal done and lay the foundation for long-term fiscal reform. it is focused primarily on health care. >> senator, can you wait in on this? cbo, 10-year window, this is a requirement. congress needs to address these things. a roadmap, if you will. should we change the rules before we play the game? >> all of these extraordinary and practical ideas cannot survive in the cbo structure. that is a forcing mechanism. people are grasping onto ideas such as changing the age. people can easily explain it i and understand it instead of doing the more complex and difficult things that would get you where you want to go. i would be interested -- i have always opposed -- >> i did not hear that. >> directive scoring when it comes to cbo. i do think somehow and i think this is the governor's point, which is congress ignores a lot of stuff that makes sense. it gets wrapped up in its day- to-day activities. i honestly think you break out of this is if you get a white house and leadership in congress that are wi
-called fiscal cliff and also achieved a broad deal that would help address this long-term deficit challenge that we face in a way that helps the economy grow and create jobs. that's our focus at the moment, and we believe it is coming. >> on susan rice the clock is winding down president clinton signed for next month and there's the regulation that a decision would have been made by now as to who will replace her. is there a hold of? >> there is no holdup. the president has made no decisions and i have no announcements to make. >> about the decision to allow the corporate for the inaugural activities, why did the president change his mind on that? >> i think he's taking questions on that. i haven't had that discussion. >> the president was a part of the transition in 2008, 2009. the announced the reason they were sitting limitations was to put the country on a new path. this is not the division, this is a presidential decision. >> but that is handling questions like that. i haven't had a discussion with anyone here in the committee so i would address your questions there and i am sure they
Search Results 0 to 49 of about 59 (some duplicates have been removed)